I assume doing that kind of stuff to international funding would escalate into corporate and banking mayhem. Half the world is made up of insanely rich dictatorships that equally like to prepare for some sort of regional war and invest their wealth in Western countries. Imagine what happens to the Western economies and banks when these nations realize their wealth will just be taken from them and given to the enemy once they start their pet project war of aggression. That's probably why it's just frozen.
Maybe housing in London and elsewhere will finally be affordable when the properties owned by dictators' shell companies suddenly all get dumped onto the market.
A documentary on how London is a major center of money laundering, including Russian oligarchs, and how it's easy for the oligarchs to lawyer up in the UK to shut down investigative journalists. The Financial Times themselves said they have lost legal battles against individuals that they attempted to investigate, because those people probably have even deeper pockets than the FT: https://www.youtube.com/watch?v=gyk12Wf_TeQ
Solve the western housing crisis and financially ruin dictatorships in one move? That's two birds with one stone, why aren't we doing this? Are we stupid?
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u/Sosemikreativ 8d ago
I assume doing that kind of stuff to international funding would escalate into corporate and banking mayhem. Half the world is made up of insanely rich dictatorships that equally like to prepare for some sort of regional war and invest their wealth in Western countries. Imagine what happens to the Western economies and banks when these nations realize their wealth will just be taken from them and given to the enemy once they start their pet project war of aggression. That's probably why it's just frozen.